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Lost: Female German Shepherd, 2 years old, pink collar. Lost from Hickory Hill/Great Oaks area off FM539, La Vernia on Thurs. Feb. 4 Reward! (830) 947-3465

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Section A: General News


Texas to share in recovery of funds




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September 18, 2013 | 1,183 views | Post a comment

AUSTIN -- Texas Attorney General Greg Abbott has announced that the state of Texas and the federal government will equally share in a $5 million settlement with Major Pharmaceuticals Inc. to resolve civil Medicaid fraud claims. Also named in the settlement is co-defendant The Harvard Drug Group LLC.

The settlement includes attorney fees and a relator share recovered from the Michigan-based defendant. Because Medicaid is jointly funded by the state and the federal government, the federal government is entitled to a share of the total monetary settlement.

The state’s enforcement action accused Major of misreporting the price of various generic drugs to the Medicaid program. As a result, the taxpayer-funded program was overcharged for certain Major products.

The defendants’ improper price reporting was first identified by Ven-A-Care of the Florida Keys Inc., a pharmacy that subsequently filed a whistleblower lawsuit pursuant to the Texas Medicaid Fraud Prevention Act. The state of Texas intervened in the case to recover fraudulent overpayments made by the Medicaid program to pharmacies based on the prices reported by Major. Under the act, Ven-A-Care is entitled to a share of the overall recovery.

For more, visit www.texasattorneygeneral.gov.
 

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Section A: General News Archives


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